Fed March rate hike bets stand at 58%

FXStreet (Mumbai) - As per the CME Fed watch data, the Fed is seen moving rates only in March 2016.

The probability of a rate hike move in March 2016 stands at 58%. Meanwhile, October rate hike bets are at 5.7%, while the December rate hike bets stand at 35%.

The US durable goods orders report is due for release today. Corporate spending as represented by the durable goods orders is seen falling 1.3% in September, following a 2.3% drop in August. Durable goods ex-transportations is seen stalling.
For more information, read our latest forex news.

Useful Searches

Disclaimer - Forex, futures, stock, and options trading is not appropriate for everyone. There is a substantial risk of loss associated with trading these markets. Losses can and will occur. No system or methodology has ever been developed that can guarantee profits or ensure freedom from losses. No representation or implication is being made that using the information contained on this site will generate profits or ensure freedom from losses.